# Qihan Biotech funding: rounds and investors > Qihan Biotech has raised $42M across 2 rounds since 2019. Investors include Northern Light Venture Capital, CMB International Capital Corporation Limited... Source: https://millionrounds.com/company/qihan-biotech (Millionrounds; every figure on the page links to its filing or article) China · [Series B startup](https://millionrounds.com/companies) # Who invested in *Qihan Biotech* 2 rounds we have observed, with the 7 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it. Biotech Healthcare Funding summary Updated 26 Oct 2026 **$42M** raised across 2 rounds since 2019, from 2 sources **$26M** Series A **$16M** Series B - **Latest round:** Series B, $16M Sept 2023 - **Biggest round:** $26M Series A · Sept 2019 - **Investors:** 7 (1 led) See who backed them ## The funding story Each circle is a round, placed by date and sized by amount. The line above is the running total. 2020 2021 2022 2023 **$26M** Series A **$16M** Series B - **First round:** Series A, $26M - **Biggest round:** $26M - **Between rounds:** 3.9 years ## The rounds - **Sept 2023** Series B **$16M** *4 new* *1 returning* [HSG](https://millionrounds.com/fund/hsg) [ARCH Venture Partners](https://millionrounds.com/fund/arch-venture-partners) [Matrix Partners China](https://millionrounds.com/fund/matrix-partners-china-2) [Northern Light Venture Capital](https://millionrounds.com/fund/nlvc) [Lilly Asia Ventures](https://millionrounds.com/fund/lilly-asia-ventures) Source recorded - **Sept 2019** Series A **$26M** *3 new* CMB International Capital Corporation Limited Lead [Northern Light Venture Capital](https://millionrounds.com/fund/nlvc) [Sequoia Capital China](https://millionrounds.com/fund/sequoia-capital-china) Reported by DealStreetAsia ## Who was in which round The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led. **Series A** 2019 **Series B** 2023 [Northern Light Venture Capital](https://millionrounds.com/fund/nlvc) CMB International Capital Corporation Limited L [HSG](https://millionrounds.com/fund/hsg) [ARCH Venture Partners](https://millionrounds.com/fund/arch-venture-partners) [Matrix Partners China](https://millionrounds.com/fund/matrix-partners-china-2) [Lilly Asia Ventures](https://millionrounds.com/fund/lilly-asia-ventures) [Sequoia Capital China](https://millionrounds.com/fund/sequoia-capital-china) ## Everyone who backed them [Northern Light Venture Capital](https://millionrounds.com/fund/nlvc) VC firm **2** rounds CMB International Capital Corporation Limited no record of our own yet **1** round, led 1 [HSG](https://millionrounds.com/fund/hsg) VC firm **1** round [ARCH Venture Partners](https://millionrounds.com/fund/arch-venture-partners) VC firm **1** round [Matrix Partners China](https://millionrounds.com/fund/matrix-partners-china-2) VC firm **1** round [Lilly Asia Ventures](https://millionrounds.com/fund/lilly-asia-ventures) VC firm **1** round [Sequoia Capital China](https://millionrounds.com/fund/sequoia-capital-china) VC firm **1** round Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=qihan-biotech). ## Also claim to have backed them This firm lists Qihan Biotech as a portfolio company on their own website, but no report of a round names it. They are the firms' own claims, kept apart from the rounds above. [Alta Partners](https://millionrounds.com/fund/alta-partners) VC firm Per its own site ## Quick answers about Qihan Biotech ### Who invested in Qihan Biotech? Qihan Biotech's investors include Northern Light Venture Capital, CMB International Capital Corporation Limited, HSG, ARCH Venture Partners and Matrix Partners China, and 2 more on record. ### How much has Qihan Biotech raised? Qihan Biotech has raised $42M across 2 rounds since 2019. ### When did Qihan Biotech last raise? Qihan Biotech's most recent round was a Series B of $16M in Sept 2023. ### What was Qihan Biotech's biggest round? Qihan Biotech's largest round on record is $26M (Series A), in Sept 2019, led by CMB International Capital Corporation Limited. ### Who backed Qihan Biotech first? Qihan Biotech's first round on record, in Sept 2019, was backed by CMB International Capital Corporation Limited, Northern Light Venture Capital and Sequoia Capital China. ### What stage is Qihan Biotech at? Qihan Biotech's latest named round is a Series B, in Sept 2023. ### Where is Qihan Biotech based? Qihan Biotech is based in China. ### Who led Qihan Biotech's rounds? CMB International Capital Corporation Limited led the Series A in 2019. ## Companies like Qihan Biotech In the same sector, and raised in the last eighteen months. [**Nutshell Therapeutics** $40M · Sept 2026](https://millionrounds.com/company/nutshell-therapeutics)[**RNAimmune** $4.5M · Aug 2026](https://millionrounds.com/company/rnaimmune)[**Gestala** $22M · Mar 2026](https://millionrounds.com/company/gestala)[**Adlai Nortye** $190M · Feb 2026](https://millionrounds.com/company/adlai-nortye)[**HitGen** $39M · Nov 2025](https://millionrounds.com/company/hitgen)[**Adagene** $83M · Jul 2025](https://millionrounds.com/company/adagene) ## Find investors like these Search every investor by what they have actually funded, then narrow to your stage and market. Free. Open the investor searchOr these rounds in the app